# RiverSilica

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/riversilica

- Industry: Telecoms
- Headquarters: Bangalore, India
- Website: www.riversilica.com
- Total disclosed funding: $2.7M
- Latest round: Series B (Dec 1, 2014)
- Investors on record: 2

## About

RiverSilica develops advanced solutions for IP video delivery, focusing on enhancing video processing efficiency across various sectors such as Broadcast, IPTV, and Corporate environments.Founded in 2008 in Bangalore, India, RiverSilica specializes in innovative IP video solutions. The company was established by Jagannathan Balaji, who has a history of founding other companies. RiverSilica has completed 2 significant deals, with its most recent funding round being a Series B in December 2014, where it raised INR 100 million from Exfinity Venture Partners, bringing the total amount raised to INR 100 million.Riversilica specializes in innovative solutions for IP video delivery, with its flagship product being the PIXFIX™ Versa. This all-in-one infrastructure effectively encodes, transcodes, decodes, stores, multiplexes, streams, and plays out video content, thereby addressing various workflow challenges in the IP video space. The system is designed to seamlessly integrate into diverse operational environments across multiple sectors, including Broadcast, IPTV, Education, Corporate, Live Video Uplink, CDN, Data Centers, Hospitality, and Transportation. Riversilica’s offerings are characterized by their modularity, flexibility, and extensive customization capabilities, allowing clients to tailor solutions to their specific operational needs. The company primarily serves markets in North America, Europe, and Asia, catering to a wide range of customers from large broadcasting networks to educational institutions and corporate clients seeking efficient video processing solutions.In 2020, RiverSilica generated revenue of INR 333,858.3 and an EBITDA of INR 105,561.1. The company generates revenue through direct business-to-business transactions, leveraging a subscription-based model for its PIXFIX™ products and services. Customers engage through structured partnerships that often involve long-term contracts for software and support services, ensuring recurring revenue streams as clients utilize the PIXFIX™ Versa for their video processing requirements.RiverSilica aims to design and launch new products, enhancing their existing offerings in the IP video space. The company is also focusing on expanding into new markets, including regions in Asia and Europe by 2025. The recent Series B funding of INR 100 million will be utilized to support these initiatives, particularly in product development and market penetration efforts.

## Funding rounds

- Series B, Dec 1, 2014, $1.6M — Exfinity Venture Partners
- Series A, Dec 4, 2010, $1.1M — Ojas Venture Partners

## Investors

- Ojas Venture Partners (https://capitalatlas.ai/funds/ojas-venture-partners) — Series A
- Exfinity Venture Partners (https://capitalatlas.ai/funds/exfinity-venture-partners) — Series B